STAND. COM. REP. NO. 2787

Honolulu, Hawaii

RE: S.B. No. 2505

S.D. 2

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Second State Legislature

Regular Session of 2024

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 2505, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE PUBLIC UTILITIES COMMISSION,"

begs leave to report as follows:

The purpose and intent of this measure is to ensure the resilience of the State's electric system.

More specifically, this measure:

(1) Includes the resilience of the Hawaii electric system as a metric to be monitored and considered by the Public Utilities Commission; and

(2) Requires that moneys collected through the Hawaii electricity reliability surcharge be transferred to both the Hawaii Electricity Reliability Administrator and the Public Utilities Commission.

Your Committee received written comments in support of this measure from the Public Utilities Commission and Hawaii Clean Power Alliance.

Your Committee received written comments on this measure from the Division of Consumer Advocacy of the Department of Commerce and Consumer Affairs, and from Hawaiian Electric.

Your Committee finds that authorizing the Public Utilities Commission to monitor and consider the resilience of the State's electric system will help the State to prepare for and recover from future disasters more efficiently and effectively.

Your Committee has amended this measure by making technical nonsubstantive changes for purposes of clarity, consistency, and style.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2505, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2505, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

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DONOVAN M. DELA CRUZ, Chair